Le titre du chinois CATL s’envole lors de son introduction à Hong Kong

Le titre du géant chinois des batteries pour véhicules électriques CATL s’est envolé lors de son introduction à la Bourse de Hong Kong, considérée comme la plus grosse opération de ce type cette année dans le monde.Dans les minutes qui ont suivi l’ouverture du marché à 09H30 (01H30 GMT), le titre a atteint 299 dollars de Hong Kong (34 euros), soit une hausse de 13,7% par rapport à son prix d’introduction de 263 dollars de Hong Kong. Leader mondial avec plus d’un tiers du marché, CATL fournit des grandes marques comme Tesla, Mercedes-Benz, BMW et Volkswagen.Le fabricant de batteries est déjà coté à la Bourse de Shenzhen. Son projet de cotation secondaire à Hong Kong avait été annoncé en décembre.Selon un prospectus déposé la semaine dernière, le groupe a introduit sur le marché quelque 117,9 millions d’actions, ce qui chiffre le montant de l’opération à plus de 31 milliards de dollars de Hong Kong (3,5 milliards d’euros).Fondée en 2011 dans la ville de Ningde, dans l’est de la Chine, CATL, de son nom complet Contemporary Amperex Technology Co. Limited, bénéficie de l’engouement croissant pour les véhicules électriques en Chine, premier marché automobile mondial.L’entreprise profite aussi d’un solide soutien financier de Pékin, qui donne la priorité au développement des industries nationales de haute technologie considérées comme stratégiques.- Expansion internationale -CATL a annoncé en décembre la création en Espagne avec Stellantis, pour 4,1 milliards d’euros, d’une vaste usine de batteries dont la production devrait démarrer d’ici fin 2026.Le groupe chinois construit une deuxième usine en Europe, en Hongrie, après avoir ouvert son premier site de production en Allemagne en janvier 2023.A l’heure où les ventes automobiles s’essoufflent, CATL continue d’afficher de solides performances. Son bénéfice net a bondi de 32,9% au premier trimestre pour atteindre près de 14 milliards de yuans (1,68 milliards d’euros).La Bourse de Hong Kong attend avec impatience le retour des grandes sociétés de Chine continentale dans l’espoir de retrouver son statut de première place mondiale pour les introductions boursières.Hong Kong a connu une baisse constante des nouvelles introductions après un tour de vis réglementaire de Pékin à partir de 2020, qui a conduit plusieurs méga-entreprises de Chine continentale à suspendre leurs projets.Dans une liste publiée en janvier par le ministère américain de la Défense, CATL a été désignée comme une “entreprise militaire chinoise”.La commission d’enquête de la Chambre des représentants américaine sur le Parti communiste chinois a souligné cette inclusion dans des lettres adressées à deux banques américaines en avril, les exhortant à se retirer de l’opération d’introduction en bourse d’une “société chinoise liée à l’armée”.Mais les deux banques en question, JPMorgan et Bank of America, ont maintenu leur participation.Le gouvernement chinois a qualifié la liste du ministère américain de “persécution”, et CATL a nié être impliquée “dans des activités liées à l’armée”.Selon Bloomberg, CATL a prévu de réaliser l’opération sous la forme d’une offre “Reg S”, qui n’autorise pas les ventes à des investisseurs américains “onshore”, ce qui limite l’exposition de l’entreprise aux risques juridiques aux États-Unis.

Cannes: premier film pour Scarlett Johansson, l’Iranien Panahi de retour en festival après 15 ans

Scarlett Johansson gravira pour la première fois les marches cannoises dans la peau d’une réalisatrice mardi, tandis que Jafar Panahi, cinéaste dissident iranien présentera son film en personne, une première depuis 15 ans dans un festival de cinéma.La projection d'”Eleanor the Great”, tourné par la comédienne américaine, est l’un des évènements les plus attendus de la quinzaine.Elle est la deuxième star hollywoodienne à présenter un premier film dans la section Un certain regard cette année, après Kristen Stewart avec “The chronology of water”. Le film de l’actrice de “Lost in translation” et “Match Point”, l’une des mieux payées du cinéma américain, raconte l’histoire d’Eleanor Morgenstein (June Squibb) qui, à 94 ans, retourne vivre à New York pour prendre un nouveau départ après des décennies passées en Floride.”J’ai vu son film et j’ai adoré”, a confié le réalisateur Wes Anderson, qui l’a fait tourner dans trois de ses films dont “The Phoenician Scheme”, en compétition pour la Palme d’or cette année.”Scarlett fait des films depuis peut-être plus longtemps que moi. Elle a une vingtaine d’années de moins que moi mais je crois qu’elle a tourné pour la première fois quand elle avait neuf ans”, s’est-il amusé.- Longue absence -L’autre moment fort de la journée sera la montée des marches de Jafar Panahi.Le réalisateur multi-primé, qui a fait sept mois de prison en Iran en 2022 et 2023, a pu quitter Téhéran avec son équipe pour rejoindre Cannes, où il présentera “Un simple accident”, tourné clandestinement, sans aucun financement iranien, sur lequel très peu d’informations ont filtré.Panahi n’avait plus mis les pieds dans un festival international depuis 15 ans et le début de ses ennuis judiciaires dans son pays, qui l’ont longtemps privé de passeport et donc de liberté de voyager.Entre-temps, le réalisateur de “Taxi Téhéran”, Ours d’or à Berlin en 2015, et “Trois visages”, prix du scénario à Cannes en 2018, a été récompensé également à Venise en 2022 avec le prix spécial du jury pour “Aucun ours”.La semaine dernière, quatre membres de l’équipe du film ont été convoqués par les forces de l’ordre iraniennes pour des interrogatoires, a indiqué l’entourage du réalisateur à l’AFP.Jafar Panahi a été condamné à 6 ans de prison en 2010 pour “propagande contre le régime”, avec l’interdiction de tourner un film ou de quitter le pays pendant 20 ans.Il avait finalement récupéré un passeport et le droit de voyager en avril 2023, en profitant pour se rendre en France où sa fille réside.L’autre film en compétition mardi, “Fuori”, adapte l’histoire d’une autrice italienne, Goliarda Sapienza, incarcérée en 1980 pour vol.Ce biopic, réalisé par Mario Martone et avec Valeria Golino, signe le retour à Cannes en compétition officielle de l’Italien de 65 ans après ses premiers pas en 2022 avec “Nostalgia”.

Cannes: premier film pour Scarlett Johansson, l’Iranien Panahi de retour en festival après 15 ans

Scarlett Johansson gravira pour la première fois les marches cannoises dans la peau d’une réalisatrice mardi, tandis que Jafar Panahi, cinéaste dissident iranien présentera son film en personne, une première depuis 15 ans dans un festival de cinéma.La projection d'”Eleanor the Great”, tourné par la comédienne américaine, est l’un des évènements les plus attendus de la quinzaine.Elle est la deuxième star hollywoodienne à présenter un premier film dans la section Un certain regard cette année, après Kristen Stewart avec “The chronology of water”. Le film de l’actrice de “Lost in translation” et “Match Point”, l’une des mieux payées du cinéma américain, raconte l’histoire d’Eleanor Morgenstein (June Squibb) qui, à 94 ans, retourne vivre à New York pour prendre un nouveau départ après des décennies passées en Floride.”J’ai vu son film et j’ai adoré”, a confié le réalisateur Wes Anderson, qui l’a fait tourner dans trois de ses films dont “The Phoenician Scheme”, en compétition pour la Palme d’or cette année.”Scarlett fait des films depuis peut-être plus longtemps que moi. Elle a une vingtaine d’années de moins que moi mais je crois qu’elle a tourné pour la première fois quand elle avait neuf ans”, s’est-il amusé.- Longue absence -L’autre moment fort de la journée sera la montée des marches de Jafar Panahi.Le réalisateur multi-primé, qui a fait sept mois de prison en Iran en 2022 et 2023, a pu quitter Téhéran avec son équipe pour rejoindre Cannes, où il présentera “Un simple accident”, tourné clandestinement, sans aucun financement iranien, sur lequel très peu d’informations ont filtré.Panahi n’avait plus mis les pieds dans un festival international depuis 15 ans et le début de ses ennuis judiciaires dans son pays, qui l’ont longtemps privé de passeport et donc de liberté de voyager.Entre-temps, le réalisateur de “Taxi Téhéran”, Ours d’or à Berlin en 2015, et “Trois visages”, prix du scénario à Cannes en 2018, a été récompensé également à Venise en 2022 avec le prix spécial du jury pour “Aucun ours”.La semaine dernière, quatre membres de l’équipe du film ont été convoqués par les forces de l’ordre iraniennes pour des interrogatoires, a indiqué l’entourage du réalisateur à l’AFP.Jafar Panahi a été condamné à 6 ans de prison en 2010 pour “propagande contre le régime”, avec l’interdiction de tourner un film ou de quitter le pays pendant 20 ans.Il avait finalement récupéré un passeport et le droit de voyager en avril 2023, en profitant pour se rendre en France où sa fille réside.L’autre film en compétition mardi, “Fuori”, adapte l’histoire d’une autrice italienne, Goliarda Sapienza, incarcérée en 1980 pour vol.Ce biopic, réalisé par Mario Martone et avec Valeria Golino, signe le retour à Cannes en compétition officielle de l’Italien de 65 ans après ses premiers pas en 2022 avec “Nostalgia”.

Trump signs bill outlawing ‘revenge porn’

US President Donald Trump signed a bill on Monday making it a federal crime to post “revenge porn” — whether it is real or generated by artificial intelligence.The “Take It Down Act,” passed with overwhelming bipartisan congressional support, criminalizes non-consensual publication of intimate images, while also mandating their removal from online platforms.”With the rise of AI image generation, countless women have been harassed with deepfakes and other explicit images distributed against their will,” Trump said at a signing ceremony in the Rose Garden of the White House.”And today we’re making it totally illegal,” the president said. “Anyone who intentionally distributes explicit images without the subject’s consent will face up to three years in prison.”Websites that fail to remove the images promptly, within 48 hours, will face civil liabilities, Trump said.First Lady Melania Trump endorsed the bill in early March and attended the signing ceremony in a rare public White House appearance.The First Lady has largely been an elusive figure at the White House since her husband took the oath of office on January 20, spending only limited time in Washington. In remarks at the signing ceremony, she described the bill as a “national victory that will help parents and families protect children from online exploitation.””This legislation is a powerful step forward in our efforts to ensure that every American, especially young people, can feel better protected from their image or identity being abused,” she said.Deepfakes often rely on artificial intelligence and other tools to create realistic-looking fake videos.They can be used to create falsified pornographic images of real women, which are then published without their consent and proliferate.Some US states, including California and Florida, have laws criminalizing the publication of sexually explicit deepfakes, but critics have voiced concerns the “Take It Down Act” grants the authorities increased censorship power.The Electronic Frontier Foundation, a nonprofit focused on free expression, has said the bill gives “the powerful a dangerous new route to manipulate platforms into removing lawful speech that they simply don’t like.” The bill would require social media platforms and websites to have procedures in place to swiftly remove non-consensual intimate imagery upon notification from a victim.- Harassment, bullying, blackmail -An online boom in non-consensual deepfakes is currently outpacing efforts to regulate the technology around the world due to a proliferation of AI tools, including photo apps digitally undressing women.While high-profile politicians and celebrities, including singer Taylor Swift and Democratic congresswoman Alexandria Ocasio-Cortez, have been victims of deepfake porn, experts say women not in the public eye are equally vulnerable.A wave of AI porn scandals have been reported at schools across US states with hundreds of teenagers targeted by their own classmates.Such non-consensual imagery can lead to harassment, bullying or blackmail, sometimes causing devastating mental health consequences, experts warn.Renee Cummings, an AI and data ethicist and criminologist at the University of Virginia, said the bill is a “significant step” in addressing the exploitation of AI-generated deepfakes and non-consensual imagery.”Its effectiveness will depend on swift and sure enforcement, severe punishment for perpetrators and real-time adaptability to emerging digital threats,” Cummings told AFP.At least one mother hailed the new legislation as a step in the right direction.”It’s a very important first step,” Dorota Mani told AFP on Monday, calling it at “very powerful bill.”As the mother of a young victim, Mani said she felt empowered because “now I have a legal weapon in my hand, which nobody can say no to.”

Chinese battery giant CATL soars more than 13% on Hong Kong debut

Shares in Chinese battery giant CATL soared more than 13 percent on its Hong Kong debut Tuesday after raising US$4.6 billion in what is said to be the world’s biggest initial public offering this year.A global leader in the sector, CATL produces more than a third of all electric vehicle (EV) batteries sold worldwide.The firm has been buoyed by a rapid growth in China’s domestic electric vehicle sector and it now works with major brands including Tesla, Mercedes-Benz, BMW and Volkswagen.It is already traded in the southern Chinese city of Shenzhen, and its plan for a secondary listing in Hong Kong was announced in December.In morning trade its Hong Kong shares hit a high of HK$299.80 (US$38.4), up 13.7 percent from its listing price of HK$263.00.Founded in 2011 in the eastern Chinese city of Ningde, Contemporary Amperex Technology Co., Limited (CATL) has been aided by strong financial support from Beijing, which has sought in recent years to shore up domestic strength in certain strategic high-tech sectors.It has also weathered a fierce price war in China’s expansive EV sector that has put smaller firms under huge pressure to compete while remaining financially viable.Its net profit jumped 32.9 percent in the first quarter, with sales up 6.2 percent year-on-year to 84.7 billion yuan (US$11.7 billion).And funds raised from a secondary listing could be used to accelerate CATL’s overseas expansion, particularly in Europe.The battery giant is building its second factory on the continent in Hungary after launching its first in Germany in January 2023.CATL announced in December that it would work with automotive giant Stellantis on a US$4.6 billion factory to make EV batteries in Spain, with production to begin by the end of 2026.Tuesday’s blockbuster listing comes as Hong Kong’s stock exchange is eager for the return of big-name Chinese listings in hopes of regaining its crown as the world’s top IPO venue.The Chinese finance hub saw a steady decline in new offerings after Beijing’s regulatory crackdown starting in 2020 led some mainland mega-companies to put their plans on hold.In a list issued in January by the US Defense Department, CATL was designated as a “Chinese military company”.The UHouse Select Committee on the Chinese Communist Party highlighted this inclusion in letters to two US banks in April, urging them to withdraw from the IPO deal with the “Chinese military-linked company”.But the two banks — JPMorgan and Bank of America — are still onboard.Beijing has denounced the list as “suppression”, while CATL denied engaging “in any military related activities”.According to Bloomberg, CATL plans to make the deal as a “Reg S” offering, which does not allow sales to US onshore investors, limiting the company’s exposure to legal risks in the United States.

YouTube star educator Ms Rachel draws ire over Gaza appeals

At first glance, the Instagram profile of Ms Rachel fits the image an influencer who has won millions of devoted subscribers for her sing-songy educational content for toddlers and parenting tips.In a pink hairband and denim dungarees, the 42-year-old mother-of-two doles out advice on potty training kids and moral support for struggling parents — always with a reassuring smile.So it was an abrupt shift last year when she began speaking out about the plight of children in Gaza, peppering her account with appeals for aid that sowed discord among followers and spurred calls for a federal investigation.”I think it should be controversial to not say anything,” she said a recent interview with independent anchor Mehdi Hassan, of the mounting backlash against her fundraising and advocacy.”It’s sad that people try to make it controversial when you speak out for children that are facing immeasurable suffering. Silence wasn’t a choice for me,” she added.That compulsion has put a spotlight on the beloved figure in millions of households, the American early childhood educator and social media sensation known offline as Rachel Accurso.The fallout comes at a perilous moment for children in the war-battered Palestinian enclave, where aid has only just begun to trickle in after Israel cut it off for weeks, and where aid groups have sounded the alarm over food shortages and famine.But the backlash against her activism — which she has aimed at parents on social media, rather than in her videos for children — reflects broader polarization in the United States over the war that has swept campuses, offices and society at large.- ‘All children, in every country’ -In May last year, Accurso launched a fundraising drive that gathered $50,000 for Save the Children.But she spoke also spoke tearfully about the vitriol and “bullying” that came streaming in the form of allegations of anti-Israeli bias.”Palestinian children, Israeli children, children in the US — Muslim, Jewish, Christian children — all children, in every country,” she wrote in response. “Not one is excluded.”Allegations of anti-Israeli bias and anti-Semitism have only mounted since.And so too the toll among children in Gaza, where the Hamas-run health ministry says more than 10,000 children have died since the October 2023 attack on Israel by Hamas that left 1,218 people on the Israeli side dead.A privately funded pro-Israel lobby group last month urged US Attorney General Pam Bondi to investigate whether Accurso “is being funded by a foreign party to push anti-Israel propaganda to skew public opinion.”The organization StopAntisemitism, which describes itself as a grassroots watchdog, alleged Accurso was spreading “Hamas propaganda.”But it also acknowledged that Accurso had posted in support of Israeli children, including Ariel and Kfir Bibas who were the youngest hostages taken by Hamas and died in captivity.Accurso told The New York Times the accusation she is being funded by Hamas was “absurd” and “patently false.””The painful reality,” the newspaper quoted her as saying, “is that Palestinian children in Gaza have been killed by the thousands and continue to be killed, maimed and starved right now. The idea that caring about one group of children prevents us from caring about another group of children is false.”- ‘You should be ashamed’ -Accurso has deactivated comments on some of her posts urging support for Palestinian children. But commentators on other posts reflect the depth and breadth of emotions that have erupted over her posts.”Love your show. Not your politics,” one user wrote under a Ms Rachel Instagram post promoting an interview on her activism. Another commentator says: “Ms Rachel is a national treasure.”Among those voicing support for the megastar was Tommy Vietor, who worked with former president Barack Obama and hosts the popular Pod Save America podcast.”Antisemitism is a real problem and cynically and dishonestly making those allegations for political purposes makes things worse, not better,” Vietor wrote, dismissing the anti-Semitism allegations.Accurso has ultimately doubled down, despite the criticism.She recently posted images of her meeting with Rahaf, a three-year-old girl from Gaza who lost both her legs in an attack.”We know treating children like they are being treated in Gaza isn’t right morally and ethically. We know it in our souls and hearts,” she wrote along with a picture of the two embracing.”Leaders who are silent and not helping these children, you should be ashamed. Your silence will be remembered.”

YouTube star educator Ms Rachel draws ire over Gaza appeals

At first glance, the Instagram profile of Ms Rachel fits the image an influencer who has won millions of devoted subscribers for her sing-songy educational content for toddlers and parenting tips.In a pink hairband and denim dungarees, the 42-year-old mother-of-two doles out advice on potty training kids and moral support for struggling parents — always with a reassuring smile.So it was an abrupt shift last year when she began speaking out about the plight of children in Gaza, peppering her account with appeals for aid that sowed discord among followers and spurred calls for a federal investigation.”I think it should be controversial to not say anything,” she said a recent interview with independent anchor Mehdi Hassan, of the mounting backlash against her fundraising and advocacy.”It’s sad that people try to make it controversial when you speak out for children that are facing immeasurable suffering. Silence wasn’t a choice for me,” she added.That compulsion has put a spotlight on the beloved figure in millions of households, the American early childhood educator and social media sensation known offline as Rachel Accurso.The fallout comes at a perilous moment for children in the war-battered Palestinian enclave, where aid has only just begun to trickle in after Israel cut it off for weeks, and where aid groups have sounded the alarm over food shortages and famine.But the backlash against her activism — which she has aimed at parents on social media, rather than in her videos for children — reflects broader polarization in the United States over the war that has swept campuses, offices and society at large.- ‘All children, in every country’ -In May last year, Accurso launched a fundraising drive that gathered $50,000 for Save the Children.But she spoke also spoke tearfully about the vitriol and “bullying” that came streaming in the form of allegations of anti-Israeli bias.”Palestinian children, Israeli children, children in the US — Muslim, Jewish, Christian children — all children, in every country,” she wrote in response. “Not one is excluded.”Allegations of anti-Israeli bias and anti-Semitism have only mounted since.And so too the toll among children in Gaza, where the Hamas-run health ministry says more than 10,000 children have died since the October 2023 attack on Israel by Hamas that left 1,218 people on the Israeli side dead.A privately funded pro-Israel lobby group last month urged US Attorney General Pam Bondi to investigate whether Accurso “is being funded by a foreign party to push anti-Israel propaganda to skew public opinion.”The organization StopAntisemitism, which describes itself as a grassroots watchdog, alleged Accurso was spreading “Hamas propaganda.”But it also acknowledged that Accurso had posted in support of Israeli children, including Ariel and Kfir Bibas who were the youngest hostages taken by Hamas and died in captivity.Accurso told The New York Times the accusation she is being funded by Hamas was “absurd” and “patently false.””The painful reality,” the newspaper quoted her as saying, “is that Palestinian children in Gaza have been killed by the thousands and continue to be killed, maimed and starved right now. The idea that caring about one group of children prevents us from caring about another group of children is false.”- ‘You should be ashamed’ -Accurso has deactivated comments on some of her posts urging support for Palestinian children. But commentators on other posts reflect the depth and breadth of emotions that have erupted over her posts.”Love your show. Not your politics,” one user wrote under a Ms Rachel Instagram post promoting an interview on her activism. Another commentator says: “Ms Rachel is a national treasure.”Among those voicing support for the megastar was Tommy Vietor, who worked with former president Barack Obama and hosts the popular Pod Save America podcast.”Antisemitism is a real problem and cynically and dishonestly making those allegations for political purposes makes things worse, not better,” Vietor wrote, dismissing the anti-Semitism allegations.Accurso has ultimately doubled down, despite the criticism.She recently posted images of her meeting with Rahaf, a three-year-old girl from Gaza who lost both her legs in an attack.”We know treating children like they are being treated in Gaza isn’t right morally and ethically. We know it in our souls and hearts,” she wrote along with a picture of the two embracing.”Leaders who are silent and not helping these children, you should be ashamed. Your silence will be remembered.”

Trump’s immigration crackdown targets Washington restaurants

When armed immigration agents made a surprise visit earlier this month to Pupatella, a trendy pizzeria in the US capital’s Dupont neighborhood, they may not have made any arrests, but they delivered a clear message.The show of force, part of an “enhanced operation” by President Donald Trump’s hardline administration, has had ripple effects through an industry reliant on immigrant labor, owners and others in the sector say.The agents asked to see employment eligibility forms known as I-9s, said Natasha Neely, vice president of Pupatella, which has several locations in the Washington area.”They did not have a warrant, and they did not have any form of paperwork, so they were turned away,” she told AFP.A few hours later, agents showed up at Pupatella’s Capitol Hill location, this time with a “notice of inspection,” Neely said. The manager referred them to the restaurant’s corporate office.The Immigration and Customs Enforcement (ICE) agency said it had arrested 189 undocumented migrants after handing out 187 such notices in the Washington area between May 6 and May 9.In a press release, it described the activity as an “enhanced targeted immigration enforcement operation focusing on criminal alien offenders.” While the inspection notices are not unusual, Neely said, they are normally delivered by e-mail due to their administrative nature.”We have never experienced anything like this,” she said, expressing confusion about why the restaurant had been targeted.- Crackdown fear -Trump has made deporting undocumented immigrants a key priority for his second term, after successfully campaigning against an alleged “invasion” by criminals.So far, his administration has deported tens of thousands of migrants, with US courts hearing cases on allegations that the government violated due process in certain cases.Undocumented migrants are “the backbone of our industry. From top to bottom,” Shawn Townsend, president of the Restaurant Association Metropolitan Washington (RAMW), told AFP.In addition to the restaurant industry, immigrant labor plays a crucial role in many sectors of the economy, including agriculture and construction.Before Trump’s inauguration in January, RAMW knew immigration enforcement “was going to be a priority of the incoming administration, and so we held our first I-9 training workshop,” said Townsend.One restaurant owner, speaking on condition of anonymity, said he felt threatened when immigration agents recently visited his establishment.”I’m going to see what the repercussions of that are. Basically, I don’t know whether they’re going to fine me forever or try to put me in jail,” he said.- Labor impacts -According to a survey by employment law firm Littler Mendelson, 58 percent of executives said they were concerned Trump’s anti-immigration policies would create labor shortages. The manufacturing and hospitality sectors were the most concerned.Since his restaurant was visited, the owner who requested anonymity said “anyone who had any questions about their eligibility to work has left.””They were advised by advocates… to basically just lay low, not come into work.”Townsend said that the “political climate” and economic challenges facing small businesses were likely combining to raise anxiety among restaurant workers.Increased immigration enforcement, as during Trump’s first term in office, “creates a scenario where (staff) may not return to work,” he said.Neely said employees at Pupatella were startled by the surprise ICE visit, but that the restaurant was taking steps to address the situation.”We’ve made sure all of the managers know what the restaurants’ rights are and what each team member’s rights are,” she said.Nevertheless, the raids do have a chilling effect.”Let’s be honest, if anyone shows up at any location in a federal uniform with guns and vests… that’s unnerving.”